Forex

Currency pairs technical review (February 27, 2013)

EURUSD

The pair has worked out Head and Shoulders, and declined to 1.30277.

Resistance: 1.31674, 1.33143, 1.34882

Support: 1.30277, 1.28630, 1.26897

GBPUSD

The pair has broken Fibonacci retracement 23% at 1.53482 and declined to support 1.50594. If the pair stays above 1.50594, the pair has chance to return to Fibo at 1.53482.

Resistance: 1.52063, 1.53482, 1.54842

Support: 1.50594, 1.48527, 1.46676

USDCHF

The pair returned to the Moving Average (500) at 0.93378.

Resistance: 0.93069, 0.93949, 0.95074

Support: 0.92026, 0.91079, 0.89635

USDJPY

The pair has started corrections and broken Fibonacci 23%. The next aim is at 91.254.

Resistance: 92.580, 94.089, 95.200

Support: 91.254, 90.045, 88.640

AUDUSD

The pair has broken 1.03535 and may decline to the next support level at 1.01744.

Resistance: 1.02558, 1.03535, 1.04407

Support: 1.01744, 1.00907, 1.00067